Give me a break, if you don't know how to follow a thread then don't comment. Poster in reply # 3 said, That the author lost them at, "pony up another 40% or so".... And I agreed.
The article reeks of opinion without fact. I will not lend it credibility with specifics not known or mentioned by the author.
Now go buzz around someone else'd ear.
First of all, I would propose to classify all monies coming into an individual as income. Investments, capital gains, interest, wages, compensation - anything coming IN will be classified as income. All incoming monies are income, all income is treated the same. That income would be taxed at a flat percentage, and that percentage would be the same for everybody. If Ted Kennedy pays the same percentage of income that I do, he still pays a lot more, whether he spends more than I do or not. If someone who makes less than I do has to pay the same percentage, they pay less, more fitting to their abilities. <
This makes far more sense to me. How about you?